$125,000
LOT 28 FARES STREET
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Port Colborne (East Village). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Residential Building Lot just a few minutes to Lake Erie. R3 zoning. The City of Port Colborne have approved a building up to a 4 plex on this property. Seller has the appropriate letters and some drawings. Perfect location for a rental, AirBnB, or a up/down duplex, live in one and rent the other out. (id:65958)
- Subtype
- Vacant Land
- Community
- 876 - East Village
- Lot dimensions
- 30.03 x 187.75 FT
- On market
- Apr 21, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $2,100 (2026)
- Zoning
- R3
- Photos
- 2
- MLS#
- X13023624
- Area
- PORT_COLBORNE_(EAST_VILLAGE)
Features and systems
Lot
Utilities
Cash on cash
71.03%
Cap rate
19.07%
GRM
4.3
Break-even rent
$842
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.